Shamoozal.com - Smorgas Board

Simplified EU Summit timeline:

http://www.cnbc.com/id/44980899

This market "WANTS" to go higher, but it all depends on this. They NEED to announce something concrete otherwise we will continue the wild swings despite the fact earnings season has been off to a fantastic start.

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Copper surging on preliminary China PMI data:

http://www.bloomberg.com/news/2011-10-2 ... urope.html

BOOM! FCX up 4% in premarket trading.

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Yeah, I need to get in on some of that copper.

I'm surprised the market is green today. I thought it would tank again due to the earthquake in Turkey. I guess people just don't care so much about Turkey.

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"If you always put limit on everything you do, physical or anything else. It will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them. "

Copper going through the roof blows for us, jobs become more expensive and the theft gets ridiculous. People will seriously steal anything anymore if its not bolted down, and even if it is, they'll still rob it.

In addition to the positive China news, there were a lot of Copper short sellers who covered due to rumors of QE3 and Europe Optimism. If Europe tanks the market Wednesday, it might go back down, but I think it has seen the lows of the year. QE3 would be the worst thing for anyone who is short commodities because they will shoot up to the ridiculous levels that they were at when the Fed implemented QE2. Look at Oil today, back up over 90... gas prices going back up and that isn't good for anyone. I think FCX can shoot back up to 45-50 in a hurry if "Market" sentiment continues to move in a positive direction. Those February options will be making me some nice dough should that occur.

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holy fuck netflix took a beating today.....
NFLX -41.47 (34.90%) to end the day at 77.37 and after hours numbers aren't looking any better

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- Oh, great. You killed the invisible swordsman!
-- He's dead, all right.
--- How was I supposed to know where he was?
- You were supposed to fire up. _We_ both fired _up_.

oh shit! they lost 800k subscribers!

http://www.csmonitor.com/Innovation/Lat ... ibers-flee

I considered getting Netflix Canada (which is nowhere near as good as the US version) but then I realized that I basically have unlimited downloads here and we have a very solid inner school P2P thing running.

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Netflix only has themselves to blame for this mess. I also heard a ton of analysts jumping on the sell Netflix bandwagon the last two days, but don't be fooled. These are the same people who thought it was a buy at $200. What a joke.

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BTW, it looks like Europe is going shit the bed tomorrow based on today's market action. Bunch of god damn idiots and now I'm hearing the US may get involved. If the US taxpayer is involved in bailing out fucking Europe, heads should and WILL ROLL.

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Watch people's heads A ROLL!

I'm glad I never got in on the Netflix action. I'm wondering how low they're really going to go. I don't think the company is going under or anything.

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"If you always put limit on everything you do, physical or anything else. It will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them. "

hooray for europe! can't wait for WW3 when the euro sinks the entire continent's economy.

as for netflix, they are being bullied by hollywood and the god forsaken cable companies. they cannot get any kind of streaming rights, and are often denied rental agreements until after the DVDs go on sale, because they want to sell shit. guess, what? no one has the money to buy transformers 3 on BR in the optimus prime head tin can collector's case. oh wait,this guy does. nevermind.

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Swear to me.

AHAHAHAHHAAAA

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"If you always put limit on everything you do, physical or anything else. It will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them. "

Exactly.... you want a cause for WW3? That would be it. Just in time for 2012 too..... Way to go Mayans!

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AHAHAHAHAAA

Looks like these cocksuckers are gonna get a deal done. Futures up big right now. We get some sort of deal, a decent GDP number, a decline in jobless claims, and we could be looking at a nice continuation of the current rally.

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WE HAVE A DEAL! LOOK AT THOSE FUTURES BABY!

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why are we bailing out euro shit? we are never going to learn to keep our nose in our own business. i miss isolationism.

No, that was a rumor before this deal. It didn't actually happen.

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So whats this deal then?

S&P just broke through 1274 resistance... S&P 1300 here we come.

Here's the EuroZone story:

http://www.cnbc.com/id/45055753

Basically, they had no viable plan to deal with Greece. Now they actually have some form of a plan. Euro Up Dollar Down Stocks & Commodities up.

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Every time I read "Eurozone", I sing in my head highway to the eurozone haha

looks like its in the shitter again. thats like down 500 pts since yesterday.

Greek idiots spoiling the party.... unfortunately I think it's all a game. Someone wanted market lower and they got their wish. Watch it go right back up by the end of the week.

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It sure feels like a game. A very very sick game...

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"If you always put limit on everything you do, physical or anything else. It will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them. "